Latest Stories

Latest Stories


Bush to Congress: No strings in Iraq, please

Kai Ryssdal | Apr 3, 2007
President Bush scolded Democrats in a White House press conference today for passing funding bills that called for deadlines on troop withdrawl from Iraq. He vowed to veto any bill that imposed timelines.

High-tech businesses frustrated by H1B limits

Dan Grech | Apr 3, 2007
The U.S. immigration office had a one-day window open to receive H1B visas for skilled foreign workers. The rush — and subsequent 65,000 application limit — has high-tech companies flustered.
Posted In: Canada

Google set to conquer space

Amy Scott | Apr 3, 2007
In a deal today with satellite provider EchoStar, Google announced it will be auctioning off ad space on the DISH Network — with prices based largely on what people actually watch.

Easy come, easy downgrade

Bob Moon | Apr 3, 2007
Moody's ranks financial institutions based on risk. Recently, it changed its methodology and upgraded some 150 banks based on likelihood of government bailouts. Met with ridicule, Moody's is now reversing course and dozens of banks face downgrades.
Posted In: Investing

Aeroflot makes bid for Alitalia

Stephen Beard | Apr 3, 2007
The state-owned Russian airline may snap up a big chunk of the Italian airline's stock. Alitalia has been losing money for six of seven years, losing half a billion dollars in taxpayers' cash just last year.
Posted In: Canada, Travel

Just another thing for homeowners to worry about

| Apr 3, 2007
One influential data company is factoring climate change into its prediction that the coming hurricane season will be a rough one. And it's having a big effect on on hurricane insurance rates.
Posted In: Science

Who to call if you're in a fix abroad

| Apr 3, 2007
If you're doing business in a dangerous foreign country, it helps to know someone who can open some doors. In this installment of "Working," our profile of workers around the globe, we put our trust in a fixer.
Posted In: Canada, Jobs

Europe goes after Apple

Stephen Beard and Scott Jagow | Apr 3, 2007
A day after Apple and EMI announced a deal to provide music downloads minus copy protection, Apple's been accused of breaking E.U. competition law for selling music at different prices in different countries.
Posted In: Canada, Science

Subprime's domino effect

Steve Tripoli | Apr 3, 2007
A new report predicts the housing market will suffer greater fallout yet from the collapse of the subprime mortgage market. UCLA's Anderson Forecast says some non-subprime mortgages now appear unstable.
Posted In: Housing

University presidents, take notes

| Apr 3, 2007
Physics professor Lawrence Krauss lectures that universities aren't really businesses, and that university presidents who act as high-powered CEOs and run them like they are risk faculty revolts.